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tv   Your World With Neil Cavuto  FOX News  June 27, 2011 4:00pm-5:00pm EDT

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>>neil: former illinois governor rod blagojevich looking at potentially 300 years in prison found guilty of 17 of 20 charges against him. he is responding now. >> there is not much left to say other than we want to get home to our little girls and talk to them and explain to them and try to sort things out. i am sure we will see you guys again. >> did you get a fair trial? >>neil: short and sweet and probably for the former two term illinois governor, stunned. rod blagojevich has been found
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guilty of 17 of 20 charges against him, 11 of those the granddaddy of charges, that he was trying to buy influence in the selection of a successor to president obama and his vacated senate seat. blagojevich skirted disaster in the first go round and prosecutors simplified the case and zoning in on what they said were consistent improprieties and heavy handed maneuvering to fill the seat and curry favor. the governor has promised he will respond and appeal but it would be an uphill battle. now, if he goes on to prison he would be the second straight illinois governor convicted of corruption and serving in the big house and his predecessor george ryan in the middle of a 6
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1/2 year term in prison for improprieties. rod blagojevich is headed to the big house and we will monitor what his lawyers and prosecutors have to say but in a stunning turn of events that some thought blagojevich could avoid doesn't look like that will be the case. we will keep you posted, but, again, for those just turning in, the former governor of illinois who was somewhat of a social gad fly is looking at a grim future. in the meantime, shoppers hitting the brakes amid signs the economy is more than on the brink. welcome, everyone, americans holding back. not shopping. as high gas prices. and no job cuts with the brakes on spending. adjusted for inflation consumer pending dropping for a second month in a row and it is the weakest showing in more than a year and a half. some say it is proof of a double
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dip. my guest is not so sure the recession ever ended. you say from your vantage point you look at what, as a realtor, what you see on part of your clients and they are telling you, what. >>guest: they are saying they are cutting back. in one fashion or another. very wealthy people. less wealthy people are cutting back. how is that shown? they are going to best buy. and going on amazon on get it cheaper. not actually bying it at that moment, to save $200. and i am talking about very wealthy people so if that is the case in the wealthy imagine how that trickled down. stores outside of new york city proper are empty. why necessity how the shopping malls will do in the future, who will pay the future? >>neil: some will say where is the economist to weigh in on
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this? >>guest: the average person -- it is that bad. if anyone can have a front seat going into the shopping malls and watch what they are buying. not what though are looking at, or pending time because he have nowhere else to go but what they are buy asking we see the numbers coming in terribly. >>neil: the argument against calling it a double dip is that it certainly is not as bad as we had in the meltdown of 2008 and a hint we could be getting back to that is just alarmingly wrong. >>guest: look, people have lost, many people, have lost up to a third of the value of their home. they're feeling poor even if they aren't. people without confidence don't spend. it's about employment, confidence, and seeing their friends become unemployed or underemployed. >>neil: but housing, not necessarily in new york, we are strong, but cut in half. >>guest: why see the -- why
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see the end. nothing has been resolved with the debt crisis. no one is making any progress on anything else, either, so i don't know where we are going. >>neil: thank you. to the white house, now, where whatever you bomb -- call it, double dip or let it rip, the president is minutes around from meeting senate republican leader trying to jump start debt talks but he is running out of time. or is he? new reports that the august 2nd drop dead, debt date could be dropping back a bit more. could be middle august and maybe september and a former congressional budget office chief who says that proves the situation is in the drop dead. >>guest: it was never a bright line in the sand. i never believed it was august 2nd and no other day. the treasury secretary has a lot
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of flexibilities. but they will move it. and they need it. we are running out time. and it is time the president got engaged. he has been doing fundraisers and searching for the irish roots and checked out on the big problems of america. good to see him engaged. >>neil: say they push it back to mid-august, probably not that much later, but it is like when you are in school and you study for the exam the night before it is just going to push back the resolve. >>guest: nothing focuses congress attention like vacation and recess is scheduled for august 8th so i bet we get a deal on august 7th at 3:45 a.m. >>guest: this how it has to look: the president has to explain they will in the increase democrats. nothing has changed materially. the economy is no stronger. they will in the raise taxes. he will explain that. and they will take a deal to get them beyond the election because
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the president does not need either a debt crisis or reminders how much he is spending and he is asking $2.5 million -- trillion in spending cuts. >>neil: do you not see tax hikes part of that? >>guest: it cannot be. democrats did not raise tax rates in 2 1/2 years in the lame duck session they did not raise tax rates and they will not do it. they are still the party in power and they have to raise the debt limit. >>neil: well it is their job in the senate and a different battle in the house of representatives. so the division alone, could that push this to the brink? >>guest: it raises the possibility. the clock is short. lots of things can go wrong. and some republicans are skeptical of what are real cuts so if you see shaking whether
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this is real or fake cuts and pelosi cannot bring enough democrats question have a problem. >>neil: will the president have a problem with the base if he has to present a bill that does not include tax hikes or anything to that ratio of 3:1 spending cuts over revenue against a tax hike and then he has to go to the base and say i passed on tax hikes to the wealthy. again. >>guest: and they will complain but the reality he need as deal so he not the president who defaults and he needs a deal so the economy does not falter and they need him to be successful. if he is not successful their chances go downhill fast, so in the end it will be a disappointed base but they have to understand the political reality. >>neil: good to see you. thank you very much. all right, they write her off and she takes off. this is not the first time we have seen this. and he is still in the race for
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>> we are waiting for the prosecution team and rod blagojevich legal team, the defense team, to address reporters today. that guy is going to be going to jail conceivably for life. he was convicted of 17 of 20
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counts against him and two others are still pending. long enough to keep him behind bars for, well, the rest of his life. when they start speaking we will start going. >> i stand here in the midst of many friends and many family members who announce formally my candidacy for president of the united states. >>neil: the media may rock her but she continues to rock. we have seen it before. congresswoman bachmann announces her campaign today, and my guest says we will see it again. they are obsessed by her and they love to make fun of her. >>guest: it is the inside the beltway media culture which -- and i think the attitude, first of all, she is a woman. so, and a republican, so she falls under the category of
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someone to be dismissed or derided. and they like to make her out to be an idiot. and she's not. some she a very smart one. and she was a tax lawyer. she has a great personal story. sometimes she speaks in metaphors and if you are a president obama and you say there are 57 states no one pays attention but if you are her or sarah palin or someone they don't like any mistake is blend up. and we saw some of that yesterday. >>neil: i wonder, our colleague, chris wallace, got a lot of heat. >>guest: he has no bigger admirer than me but yesterday he--. >>neil: that comment, this is what caused a problem yesterday from chris wallace. >> are you a flake? >>guest: well that is insulting to say something like that because i'm a serious
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person. >>chris: but you understand that is what the rap on you is? >>guest: well, i wrote say i am 55 years old, been married 33 years and i am a lawyer and i have a post doctor degree in federal tax law from william and and mary. >>neil: later chris said how he phrased that could be a mistake. >>guest: this is what they saw on the cocktail circuit, the republican leader does not like her. she an outsider. we have a country where we have a political class, 15 percent to 20 percent of the country believes in something and the 80 percent the other way. she is the 80 percent. and i admire chris, and he apologized, but it was not just that if i were here, when she went through all the things, what i call the 15 minutes of gotcha i would have said, now
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that we spend our time with that, let me say why i am running and what is really important in america as opposed to what is important in washington. candidates should push back. i saw chris christie doing that yesterday, and he lets nobody push him around and candidates--. >>neil: are you saying, she is the only prominent female republican. is there a double standard? >>guest: of course. when i first michelle bachmann i assumed she was what the media made her out to be, sarah palin-like and i said you are not stupid you are smart. i may not agree with her on the issues, i don't. but i have heard from comics who love she is in the race and i heard when they said in 1980 we hope ronald reagan runs and he is the nominee. so, why is there a fixation with people who we should in the be
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fixated on? >>guest: because the media has tended out of the role of reporting and taken on the role, and i leave chris out of this, he was pushing her as a candidate, but a lot of the media operates on, we support this candidate. we coughed found for president obama, and he got the lightest treatment of any modern candidate. candidates have to push back because guess who the country doesn't like? the media. john mccain should have pushed back against them in 2008. his failure to do so, and you know why? so many consultants worry about their years in washington, and they say you can't item the media. it is in the where you are attacking someone by the barrels we have television, the internet, and it is now time for people to challenge the media. if they want to assert their role of protecting people and being objective force they need
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to be challenged by candidates. this notion that they decide who is president and who should in the be, what truth people can or cannot know, chris christie shows when you do it, people love it. >>neil: good to see you, pat. and, no surprise, a lot of pros want in on her campaign. big surprise, gingrich is competitive even after many quit his campaign. and now the white house is planting patients to checkup on doctors.
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>>neil: the obama administration is ready to
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launch "fake "patients to check on doctors. think secret shoppers for health care thinking it will lead to answers but my guest things it is bad medicine. doctor, what they want to see is who you are letting into the office and who you are not. >>guest: correct. they are trying to figure out what we know: family practitioners limit the number of parents that come in and they only have capacity for so many and they say we will only accept so many medicare patients, so many medicaid patients and so many private insurance patients to make ends meet. >>neil: it makes sense but would you be guilty of a health care law violation doing that? >>guest: it is unknown. i don't if anyone has been challenged. if you discriminate in terms of caring for them differently or if they were in an emergency and you were in the hospital and you did not provide care. but if they are in the part of your practice to begin with there is nothing i know of that will stop you from bringing new
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patients into the practice. >>neil: your wife is a surgeon? >>guest: no, a primary care gynecologist and i do thoracic surgery. she does not accept insurance and she gives them the form and they submit it. i work for a hospital and for me, it is very simple: i bring highly specialized care so it is easier for me, i take care of the patients and do what is best for them and not worry about reimbursement. >>neil: but i imagine the administration wants to get a patient tattletale they are looking for something? >>guest: there are not enough primary care physicians and they need to increase the supply and figure ways to better reimburse them because the numbers down. they cannot afford to run their practices if you are paid $25 for spending half an hour with patient you cannot make ends
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meet. >>neil: what is the message here? i talk to folks who are in your fine profession can those looking to get interest it are rethinking whether it is doable and rewarding. is it? >>guest: very rewarding. it is an important need. i don't think anyone goes into it for money, you would go to wall street for that but -- well, not any more. but you see a trend, more and more physicians are employed by hospitals or a larger organization rather than private practice. >>neil: what if the administration came around and said you must take these patients. >>guest: again, i don't how anyone can force you to you are in private practice to take unlimited number of patients. if you are in a practice of one
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or two you can only have so many patients. you limit the number of patients because you cannot care for 10,000 parents. >>neil: you liken it to restaurants that say whether they take american express or cash or visa? >>guest: they decide because of different fees. and you know that upfront. if they accept it, they don't, you find someone else. this is a major problem. one of many. >>neil: but the bigger trend is that more practices now, are, in fact, telling you, here's the bill, you deal with it. >>guest: right. they are going that way or bought up by larger organizations which can offset the costs and bring those costs down across the board and your salary, then, for an organization, you are salaried. >>neil: hospitals love gives like you. >>guest: it is a concrete. that is where the money goes. >>neil: and bachmann in
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overdrive and gingrich still in drive, and he is more than alive and well. stay tuned. let me tell you about a very important phone call i made.
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get help paying for what medicare doesn't... and save up to thousands of dollars. call this toll-free number now. >>neil: that was the scene at former ill governor rod blagojevich and his wife were leaving the courthouse where he was convicts of 17 of 20 charges, 11 having to do with selling or trying to sell president obama's vacated senate seat, enough to potentially land him in senate for the rest of his life. he has to stay in the state and the judge will decide if he will leave the state. he will come back in august for the guidelines for the sentencing here and, potentially, by fall, barring
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appeal ... and other options he might have. >> i am michelle bachmann and i am running for the president of the united states. >>neil: she could be romney's party pooper because she is now in and next to romney, now, even but while they battle it out in the media you may want to pay attention to the guy written off by the media but still hanging tough. i'm speak about the speaker. the man who led a republican revolution in the 1990's and might be doing something as remarkable right now. namely, coming back. don't look now but former house speaker gingrich is far from dead polling fourth in the latest iowa caucus poll. next in help wanted series, gingrich. i looked at that poll, i did a double take. i was surprised.
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were you? >>guest: no, first of all i think that michelle has done a great job and as a native from iowa she has a good base. >>neil: i am talking about you. >>guest: we she is the story today and she earned it. in my case we have had a steady base of support all through the last month and i was with tea party talking to people on saturday about ideas and creating jobs and cutting taxes, and repealing the dodd-frank bill and other bills that are overregulating america and i found a very good response and i'll be back in 16 days the next two months in iowa campaigning and listening to people and talking about a series of issues that are different, i think, than you normally get in traditional politics because i think with 14 million unemployed and with housing in a depression level collapse, steeper fall in
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price than during the deep depression you need bold new policies and that is why i am running. i think it possible to turn the country around dramatically and have an american energy policy and have the kind of dramatic tax changes that would lead to millions of new jobs and in the process to bring back housing so that the people who don't have mortgages that are worth less than the house could, once again, have a house that is worth something by seeing the general economy rise. >>neil: you make a compelling case for a number of issues but what gets the attention of the media is all the people would resigned en masse from your office and it reads like a soap opera. >>guest: it is strange with 14 million unemployed when you make a speech that outlines why we should have zero capital gains tax so people invest hundreds of
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billions in the country and we have a, we hud have a 12 1/2 percent corporate tax rate, and get more business, and eliminate the death tax so family firms focus on job creation rather than avoiding tax policy, and finally, why we have 100 percent expensing so farmers can write it off in one year so we have the most modern and most effective workers, new, i would think with 14 million unemployed those would be good topics for the news media to cover but it is very difficult to get beyond the gossip and get interest substance and i am determined to keep campaigning and keep focusing. >>neil: but you know how it goes, they judge a candidate's worthiness of how he handles the campaign and maybe the personal life and that is not necessarily fair or right but it just is. so what i am trying to ask you,
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when they say they cannot reach you, and they admire you on the issues, you are smart and a lot of them who have left, they say they could not get through to you or reach you, and they felt you were being dictated to by your wife, is any of that true? >>guest: let me say flatly: i run my own campaign. i develop the contract with america with no consultant this washington believing in it. we billionsed the federal budget when no one thought it was possible. i helped ronald reagan in 1980 when 13 senior staff left on the morning of the new hampshire primary and 100 staff were laid off two weeks later. turmoil is irrelevant. with 14 million unemployed and the national capital out-of-control, and $2 trillion deficit, can you fine someone who knows the challenges, has real solutions, and has a track record of actually getting it
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done. when you look at welfor. reform, i helped get that done as speaker of the house and i am prepared to speak on substance longer than the news media on gossip. >>neil: but when your staff resigned to the degree it has and the top advisers leave to the degree they have, that perception, it is that you are rudderless. >>guest: no one in indiana has a tea party gathering, not a single person asked me questions that dominate the media and that is true everywhere. you talk of americans worried about the economy, they don't worry about this but they want to know, do you have solutions that will work? do you understand the constitution and the declaration of independence? you want to get back to constitutional government. those ideas do not resonate very well in some of the talking
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heads but, they do resonate with the american people. >>neil: why think i am elite media but i am concerned as a business guy, i follow companies that are getting away from the mission to make money or their mission to deliver for their share shoulders, something akin to that happened to you, maybe unfairly against you, but how do you tell people you are not a candidate to be said short. >>guest: by not being distracted and focusing on substance and talking of the solutions we need as a country and by reminding people that ronald reagan had exactly the same challenges in 1980 and john mccain had the same challenges in 2007, and both worked through it because in the end it turnedded out the candidates mattered more. and the track record we have had of elected the first republican majority in history,
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and balancing the budget for four straight years and paying off $405 billion in debt and passing the first tax cut in 16 years and helping pass welfare reform, those are real achievements. now, did i have arguments with political consultants? yes. did my team for the 12 years, and i was running for shul -- small business, did my team stay? absolutely. the paid who made the noise are paid consultant whose have a fundamental difference with me of how we ought to campaign. i believe in campaigning on ideas and i have been all over the country talking about ideas. >>neil: what did they tell you should in the do? >>guest: i don't want to get interest a lot of details but i am determined to run a campaign that inclusive that involves hispanic-americans, native americans, asian-americans,
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african-americans, i want to campaign on how to deal with alzheimer's disease, which affects millions of americans, and i want to campaign on issues such as how do we fundamentally reform the food and drug administration to create american jobs with the best new medicine in sometimes you get consultant would want to run 30-second attack ads and do not understand putting together real solutions and trusting the intelligence of the american people. i where a book "a nation like no other," it takes you back to the desk declaration of independence^. >> and now the environment with your colleagues, they are tripping over themselves to see whose tax cut could be biggest and who can offer zero caps gain. you know how it goes. do you fear that overdoing it in that there could be a rush to
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overdo the tax cut thing? or not? >>guest: i believe the washington establishment is so determined to raise taxes that having candidates who are for tax cuts is a healthy alternative. i watched discussions yesterday with people talking about, you have to raise revenue. and i thought, what republicans ought to say is ronald reagan raised revenue by cutting taxes for three straight years. if you took the reagan first seven years of recovery starting in the fall of 1982 and applied it to the current committee and population, we create 25 million new jobs and add $4.3 trillion to the economy each year and increase federal revenue by having people leave unemployment and go back to work. that increases the revenue the right way which is putting americans to work rather than raising taxes. >>neil: so a tax hike would be off the table for you, if you were in congress right now, to say nothing of being president
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and you knew the choice, the august deadline, if there were a tax hike of any sort you would rather face that debt crisis head on and not race the debt limit or mix the two? >>guest: wait a second. i reject the obama technique of pretending he is not president of the united states. the fact is, there is a debt crisis this fall it will be president obama's debt crisis. it will be his refusal to sign a bill, the house republicans will pass a bill to avoid a crisis and he has to sign it. why is it if they pass a bill that avoids a debt crisis that somehow they are responsible to sell out to the president, give up on the people who elected them, turn their back on what the american people want, in order for obama not to blame them in i think they ought to say to the president, you come up with the savings you are willing to sign and we will give
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you the debt increase you are prepared to sign savings on? >>shepard: it should be dollar for dollar. >>guest: not a penny more. >>neil: you say it would be on him but wouldn't it be on republicans, as well? >>guest: he will try to blame them along with the elite immediate ya i lived through this. the first re-elected majority of republicans since 1928 came after the government should down because people in the we were serious, we had courage, and we would stand up for principle, and i think the republicans this year ought to look the president in the eye and say we are not giving you a penny in increased taxes to kill more jobs, we will not let you make the depression worse and then they sought to say we will negotiate the spending cuts you will sign if if he won't sign any spending cuts i don't think he will have support in 80 percent or more of the country. >>neil: speaker, always good to have you on. we want to hear from you and we
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>>neil: double standard and double trouble, the white house is thinking about boosting fuel standards to 56 miles per hour by 2025 and some warning that will cost jobs and my guest says it will cost the consumer a hell of a lot more. and now the car coach. explain. >>guest: well, think of this: you take that technology to make vehicles get potentially 60 miles per hour, or that range, someone will have to pay for that and you will have to improve safety. so, now if you are improving safety, in addition, someone will pay that bill, and all of the studies are saying somewhere around $10,000 will be the consume's final tag on to the cost of a car which may cause consumers to say i will keep the vehicle i have. no more $10,000 cars. >>neil: that is a lot of time, 14 years, if we are in the 2012
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model year. >>guest: but it increases each year. right now we have 40 miles per hour cars. and there are quite a few. and they are small. and the technology involved because of turbo charger and seven speed transmission and fuel injection so technology is evolving and we could build a car that gets 100 miles per milr gallon but it will cost jobs and that is the big thing. it will caught the auto industry and the after markets parts business. and this is what i like to go on record saying when the government politicians that are lifetimers have never but the a car, have never paid for gas and don't have a clue what the average joe has to pay each day and go paycheck to paycheck and pump their own gas, unless they are in new jersey or oregan, these people are paying the bills. >>neil: they will say, well if
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you pay more for vehicles you will save a ton in gas. >>guest: the problem is you may save it guess but it will take you a long time to make up the difference. what they are trying to do is force the initiative of electric cars like the special interest groups are pressuring the interests of correspondence subsidies to go into gasoline. they have already done that. and what it has caused is plugged up converters and lowered the fuel economy so that is not the answer, either. the answer is, really, they need to sit down with the automaker and say what can you do? what feasible, do not make the prices of the cars so expensive that the average person cannot affords them and it is important when it comes down to jobs, that is the bottom line because right now if they go ahead and make that happen, if they push that, we could lose up to quarter million jobs and there are studies it back that and that is not good. we need jobs. that is the bottom line. right now consumers are not willing to say, maybe i won't buy a car and maybe i will stick
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with what i got. when it comes to the government trying to shove things down or throat, that is whether i have a concern with overregulating. >>neil: and the president doing everything to secure two year donors. and that is before the economy gives him a big old kick in the ... a new chance for all of us: people, companies, communities to face the challenges yesterday left behind and the ones tomorrow will bring. prudential. bring your challenges.
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>>neil: get the checks now before the economy checks out the oh beam campaign is seeking donors to secure two years worth of donations now rather than months away, this is a sign that he is worried. explain, dave. >>guest: if everything is
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going sour next year, the economy is as bad or worse than it is now, and the president looks like a dead duck, suddenly the donors may not be so interested in squandering their money on a lost cause. so you better start raising it now and to call people to give $80,000 sounds, well, really in that is what they are asking for. >>neil: the way the administration is presenting it, they are not saying this, but they will have a $1 billion war chest when all is said and done. will they. >>guest: this is a good chance and everyone has at least entered the cycling thinking they will have $1 billion war chest but they managed to get, they were in the that far off last time but i would not say it is fait accompli it can go badly for a sitting president in a way that will cause the donors to disappear. people with gave big bucks last
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time which made up of lot of the take, they are not is, this time, especially on wall street, not so keen on the president. so, it will be interesting to see whether he can make it there and how close he can get during the calendar year. >> what is interesting when you talk about the wall street guys showing up, maybe not the a team but the b team on the upper east side and they are shocked at the per plate fee $36,000, that is actually what a dinner would cost at daniel's, by the way, but having said that, even if the chairman and c.e.o.'s do not go they still send surrogates and they pay up so i wonder whether the notion that the president lost wall street is even right? >>guest: well, it is one of the things that the "wall street journal" has covered it, and there is a lot of anger from
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some well then donor whose gave to obama in 2008 who now have said they would in the give to the guy for anything and they will probably be raiding money for the other side. so, we will get a dealerrer picture of this as the months go by and we start to get clear donation numbers from sectors in the industry. >>neil: if you think the guy wins you keep giving and if you don't, if you are pragmatic or like many in the financial community, you hedge your bets. the way things are going now, more than those not, are giving money; will that continue? or pull back? >>guest: i would say that you have a better chance right now they will give if you make the ask right now, it could be a lot worse. >>neil: so, steal the deal now? >>guest: yes, bird in the hand. you know?
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>>neil: moments from now the senate minority leader will meet. can the president get the g.m. to -- get the g.o.p. to sign on to the tax hike? just to be a fly on the wall. . i will send this to shelley. yeah.
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♪ geico, saving people money on more than just car insurance. ♪ ♪ >> neil: the driveway in front of the white house. that's it. take care. no.
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it's mitch mcconnell, the senate republican leader is set to move up the driveway any second to meet with the president. they're trying to get the debt talks going again. it keeps moving but that is the so-called drop-dead point where we raise the debt ceiling or katie, bar the door. anyway, they're expected to talk momentarily. mike emanuel is not far from the shot. what do we have? >> reporter: well, neil, the republican leaders say you can't tax your way out of the debt problem. you have can't borrow your way out of it. washington has to cut spending. that the backdrop of the meeting here at the white house. before the big meeting, senate republican leader mitch mcconnell gave us a preview of his message. >> i will tell him what republicans are looking for in this debate. the cut spending now. cap run-away spending in the future. and save our entitlements from bankruptcy. to get our economy moving. >> reporter: today's meeting comes after talks led by joe
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biden blew up last week with the republican negotiators withdrawing. still, despite august 2 deadline looming, the white house is expressing optimism a deal can be struck. >> the only way to achieve significant deficit reduction and to deal with some of the issues that drive our long-term debt, is to take a balanced approach. one that doesn't put all the murder on certain segments of the society, middle class or seniors. >> reporter: but it suggests that tax increases that republican leaders say will not get through congress. they say in a week economic recovery there will not be the votes there to pass that. neil? >> neil: even if the white house were continue to push this 3-to-1 ratio with spending cuts to tax hikes or whatever you want to call it, that sends a no-fly issue for republicans in the end, what do you think we'll likely see? >> reporter: watching washington over the past couple of years my guess is we are going to come down to the
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deadline and there will be a last-second deal struck and something in there that everybody does not like. but it will be something to at least move the ball down the road, neil. >> neil: you know, it always comes down to the 11th hour which side feels like it has more to lose, which side blinks first. republicans member the late '90s government shutdown and how the perception was, the democratic president at the time benefited from that more than they did. they had that right. this president knows it happens under his watch and potentially insolvency issue. that is not pretty do you think we just push this to the end? or now that the deadline is moving they push it further back? >> a great question. it could be temporary extension, we argue it the rest of this year. not clear at this point, bottom line, the republicans feel like they will be judged on this next year. they also say a lot of their democratic colleagues do not want to raise taxes in a weak economic recovery.


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